A hawker used $600 to buy 1,000 apples. He sold 30% of them at $1.4 each and the remainding were sold at $1.2 each. Find the profit percent gained by the hawker.
Let x be the amount of money gain from selling all the apples.
x = (1000 x 30%) x $1.4 + (1000 x (1-30%)) x $1.2
x = 300 x $1.4 + 700 x $1.2
x = $420 + $840
x = $1260
since profit (%) = (amount gain - cost) / cost x 100%
cost = $600
profit (%) = ($1260 - $600) / $600 x 100%
profit (%) = 110%